£8 MILLION A YEAR? THAT'S MODEST, SAYS RBS CHIEF
'Stephen Hester, the
chief executive of Royal Bank of Scotland, is only “modestly paid” on an
annual package of £7.8m, the bank’s chairman claimed tonight.
Sir Philip Hampton’s startling observation came as a series of current and former RBS executives condemned their own traders for a “lack of morals” and “selfishness” which led to the taxpayer-owned bank being fined £390m by US regulators for rigging the Libor rate, which is used to set prices of financial contracts.' READ MORE
UK TAXPAYERS FACE £500 MILLION BILL FOR RBS LIBOR FRAUD
'British taxpayers are set to pay $800m (£500m) in fines as a result
of Royal Bank of Scotland traders’ involvement in the Libor interest
rate fixing scandal - with nearly all of the money going to the United
States.
American watchdogs are set to hit RBS with as much as four-fifths of the total penalty as it becomes the third bank to settle over its traders’ role in the scandal.READ MORE
BARCLAYS BOSS LIED AND SHREDDED EVIDENCE
'A senior Barclays executive has quit after it was revealed that he
secretly shredded a bombshell report that described a key part of the
bank as ‘out of control’.
Andrew Tinney, who was chief operating officer of the bank’s high-end private investment division, Barclays Wealth, destroyed the explosive dossier at his £5 million Surrey mansion after reading its shocking contents.READ MORE
OUTRAGEOUS HSBC SETTLEMENT PROVES THAT DRUG WAR IS A JOKE
Breuer this week signed off on a settlement deal with the British banking giant HSBC that is the ultimate insult to every ordinary person who's ever had his life altered by a narcotics charge. Despite the fact that HSBC admitted to laundering billions of dollars for Colombian and Mexican drug cartels (among others) and violating a host of important banking laws (from the Bank Secrecy Act to the Trading With the Enemy Act), Breuer and his Justice Department elected not to pursue criminal prosecutions of the bank, opting instead for a "record" financial settlement of $1.9 billion, which as one analyst noted is about five weeks of income for the bank.' READ MORE
ANOTHER BAILOUT COMING?
'UK regulators have warned the Royal Bank of Scotland and Lloyds Banking Group that March of this year is the final deadline to cope with an impending financial ‘black hole’ caused by the undervaluing of bad debts.
The warning came as regulators admitted that the government had overpaid when rescuing the banks in 2008. Britain's banks may now be forced to raise large amounts of capital in a short time to ensure they remain solvent, Bank of England (BoE) officials said. READ MORE
WILLIAM STUART - 9.11 TO ARMAGEDDON
How bankers set up wars for their own advantage: William Stuart outlines the incredible story about the "Untouchables" who now will become touchable and are being exposed for what they are. He is describing the historic build up of the Muslim Arab Brotherhood, Al Quaeda by the globally operating Bankster Cabal through their minions.
ITALIAN POLICE RAID BARCLAYS OVER RATE-FIXING
'Italian police have taken documents from a Barclays office in Milan
as part of a probe into possible Euribor rate manipulation, according
to Reuters.
It said the raid occurred as regulators investigated fixing fears of the eurozone equivalent of the scandal-hit, London-based Libor inter-bank lending rate. The search was ordered by prosecutors in the southern city of Trani, who have opened a criminal probe into the possible manipulation of the Euribor rate. READ MORE
JOHN PERKINS, A FORMER ECONOMIC "HIT MAN" EXPLAINS HOW THE BANKERS STEAL EVERYTHING
GOLDMAN SACHS EXECUTIVE WALKS OUT IN DISGUST WITH BANK: "IT'S MORALLY BANKRUPT"
Goldman Sachs was subjected to a scathing attack by one of its own senior executives yesterday for its ‘toxic and destructive’ culture and ‘morally bankrupt’ staff.
In a deeply embarrassing blow to the controversial investment bank, the London-based manager said he was quitting after 12 years because he could no longer work there ‘in good conscience’.
Greg Smith claimed clients were branded ‘muppets’ and sidelined by senior directors who were more interested in making money for themselves. READ MORE
OWNING THE WORLD...THE WORLD'S 15 BIGGEST LANDOWNERS
Whilst the bankers are busy mopping up our money, assets and infrastructure, you may be wondering who currently owns most of the world.
An incredible 21 percent of the world's total land mass, which consists of 36.8 billion acres of inhabitable land, is owned by a short list of landowners, according to The New Statesman.
Of course that includes the Queen of England, who nominally owns places like Canada and Australia. The list also includes American billionaires like Ted Turner and the Irving family. READ MORE
RBS "DELIBERATELY" DOUBLED LOSSES TO £2 BILLION
'Mr Hester said the bank, which is 83pc owned by the state, had been "spooked" by the severity of the eurozone crisis into taking "an extra £1bn" of losses for 2011.
Sir Philip Hampton’s startling observation came as a series of current and former RBS executives condemned their own traders for a “lack of morals” and “selfishness” which led to the taxpayer-owned bank being fined £390m by US regulators for rigging the Libor rate, which is used to set prices of financial contracts.' READ MORE
WHY THE BANKING ELITES WANT RIOTS IN AMERICA
'Every indication clearly suggests that authorities in
the United States are preparing for widespread civil unrest.There is a
crucial economic imperative as to why the elite is seeking to engineer
and exploit social unrest.
As respected investigative reporter Greg Palast exposed
in 2001, the global banking elite, namely the World Bank and the IMF,
have honed a technique that has allowed them to asset-strip numerous
other countries in the past – that technique has come to be known at the
“IMF riot ” READ MORE.
UK TAXPAYERS FACE £500 MILLION BILL FOR RBS LIBOR FRAUD
American watchdogs are set to hit RBS with as much as four-fifths of the total penalty as it becomes the third bank to settle over its traders’ role in the scandal.READ MORE
BARCLAYS BOSS LIED AND SHREDDED EVIDENCE
Andrew Tinney, who was chief operating officer of the bank’s high-end private investment division, Barclays Wealth, destroyed the explosive dossier at his £5 million Surrey mansion after reading its shocking contents.READ MORE
OUTRAGEOUS HSBC SETTLEMENT PROVES THAT DRUG WAR IS A JOKE
ANOTHER BAILOUT COMING?
'UK regulators have warned the Royal Bank of Scotland and Lloyds Banking Group that March of this year is the final deadline to cope with an impending financial ‘black hole’ caused by the undervaluing of bad debts.
The warning came as regulators admitted that the government had overpaid when rescuing the banks in 2008. Britain's banks may now be forced to raise large amounts of capital in a short time to ensure they remain solvent, Bank of England (BoE) officials said. READ MORE
WILLIAM STUART - 9.11 TO ARMAGEDDON
How bankers set up wars for their own advantage: William Stuart outlines the incredible story about the "Untouchables" who now will become touchable and are being exposed for what they are. He is describing the historic build up of the Muslim Arab Brotherhood, Al Quaeda by the globally operating Bankster Cabal through their minions.
ITALIAN POLICE RAID BARCLAYS OVER RATE-FIXING
It said the raid occurred as regulators investigated fixing fears of the eurozone equivalent of the scandal-hit, London-based Libor inter-bank lending rate. The search was ordered by prosecutors in the southern city of Trani, who have opened a criminal probe into the possible manipulation of the Euribor rate. READ MORE
JOHN PERKINS, A FORMER ECONOMIC "HIT MAN" EXPLAINS HOW THE BANKERS STEAL EVERYTHING
WHAT REALLY IS A TRILLION?
Anthony
Robbins has made an interesting video to give us some sense of
perspective about billions and trillions. If you convert one dollar into
one second...then a million seconds would equal 12 days. Going onto a
billion....that would be 32 YEARS. Now finally the trillion figure that
is so frequently banded around by politicians. That equated to a
staggering 31,688 YEARS! This is our money that has been spent by our
supposed representatives who in the pockets of the bankers, the
architects of this incredible scam.
The
US deficit is $15.4 trillion but it is estimated that it could be as
much as $117 trillion. Watch Anthony Robbins video to get the full
picture...and next time you hear trillion, think 32,000 years!
In a deeply embarrassing blow to the controversial investment bank, the London-based manager said he was quitting after 12 years because he could no longer work there ‘in good conscience’.
Greg Smith claimed clients were branded ‘muppets’ and sidelined by senior directors who were more interested in making money for themselves. READ MORE
OWNING THE WORLD...THE WORLD'S 15 BIGGEST LANDOWNERS
Whilst the bankers are busy mopping up our money, assets and infrastructure, you may be wondering who currently owns most of the world.
An incredible 21 percent of the world's total land mass, which consists of 36.8 billion acres of inhabitable land, is owned by a short list of landowners, according to The New Statesman.
Of course that includes the Queen of England, who nominally owns places like Canada and Australia. The list also includes American billionaires like Ted Turner and the Irving family. READ MORE
RBS "DELIBERATELY" DOUBLED LOSSES TO £2 BILLION
"We got spooked by the dangers of the eurozone so we deliberately spent an extra £1bn that we hadn't planned on in losses to go even faster than we had planned in reducing risk.READ MORE
HOW OUR POLITICIANS ARE BROUGHT
Crooked lobbyist Jack Abramoff explains how he asserted his influence in Congress for years, and how such corruption continues today despite ethics reform. Lesley Stahl reports. Watch his interview on "60 Minutes"
